Posted
by
timothy
on Sunday February 12, 2012 @06:33PM
from the great-cycle-of-nature dept.

angry tapir writes "Crowd-funding website Crowdtilt officially launched last week, expanding upon the collective fundraising model pioneered by Kickstarter to enable raising money for any project — even a beer blitz. Like Kickstarter, Crowdtilt allows users to create a fundraising campaign with a tipping point. If the effort falls short of the set amount, would-be donors are not charged. However, unlike Kickstarter, the platform allows users to "group fund anything." Users can initiate campaigns without first getting the approval of service administrators, which they must do on Kickstarter."

The author of the article chose those misleading phrases/words, and we wish he hadn't - Crowdtilt is not built to be an "alternative" to Kickstarter; and projects that would be good on Kickstarter (large, ambitious projects), would not be a good fit on our site. We just don't have the traffic or reward structure to crowdfund your video game or documentary.
Also "open" is not a word we'd choose either - or that it's some type of "improvement" to the Kickstarter model. We actually think they're model is a very good one for what they do (probably the best albeit US only, which I think you can use Indiegogo to fund your project internationally). Also, as a sidenote, founders of young companies don't choose to disregard potential customer bases outside of a regions just for fun. We feel strongly that this would provide value to a lot of people outside the US, but as noted by my comment up the page (regarding international campaigns), we hope to be able to accomodate them in the very near future. Hope that helps (not really you bc you're a psych troll, but other slashdot readers that might share the same sentiments and questions).